A vacant 2 double bedroom top floor apartment with share of freehold, requiring cosmetic refurbishment located in the popular area of Bickley providing good access to lmstead Woods, Chislehurst and Bickley stations. Additional benefits include share of freehold, double glazing, private loft space, private landing/storage area, off street parking, landscaped communal gardens and garage to rear of the property. Ideal for owner occupation or letting investment with an estimated rent of £1,600 PCM depending on condition, gross yield 8.34% PAX.
Auction date
To be sold by online auction on Wednesday 28th February 2024 with a 6 WEEK COMPLETION, bidding will open at 10.00.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Tenure
Share of freehold with vacant possession
Lease
125 years from 28 September 1998 - 99 years remaining. The property will be sold with the benefit of a share of the freehold.
Ground rent and service charge
Please see legal pack for further details. Service charges approximately £1,200. Ground rent: none
EPC rating
E
Council tax band
D - Bromley
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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